Rangers Notes: Globe Life, Bard, Cubs, Bonuses

The Rangers officially announced their new stadium naming rights deal with Globe Life And Accident Insurance Company today, as Rangers Ballpark will now be known as Globe Life Park In Arlington. Financial terms of the deal weren't announced, though it is a 10-year agreement the between the club and Globe Life.

Some fans may balk at the idea of a corporate name on the stadium, ESPN Dallas' Richard Durrett writes, but the financial benefits of sponsorship can't be ignored. Durrett also notes that the naming rights deal is the latest example of how the Rangers have one of baseball's "most financially stable teams."

Appearing on a podcast with WEEI's Rob Bradford (partial transcript provided by WEEI.com's Arjuna Ramgopal), Daniel Bard said that the Rangers showed interest in his services after the reliever's thoracic outlet syndrome surgery last month. Before Bard underwent the procedure, he said that he had drawn interest from a few teams, including the Cubs. Texas, however, "came in strong and made me feel really welcome and wanted. It just felt like a good fit," Bard said.

Fans and pundits have become accustomed to seeing salaries in terms of how they fit a club's payroll, but even modest bonuses by MLB standards are life-changing amounts of money — especially for young players from tough backgrounds in the Dominican Republic, as Jeff Wilson of the Fort Worth Star-Telegram writes. Wilson looks at how the Rangers' signings of such prospects as Jairo Beras and Michael De Leon helped those players bring their families out of poverty, while other prospects (Ronald Guzman and Nomar Mazara) came from middle-class backgrounds.